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Financial Wellness Seminar Towards a Better and Wealtheir Life

A two-day financial wellness seminar for Filipinos in South Korea was successfully conducted in Siheung Migrants Center, Seoul Global Center and Tapdong Dongincheon last May 6-7, 2017. Organized by Compassionate Wealth Educators in South Korea (CWE- IMGKorea) and in cooperation with the Filipino EPS Workers Association (FEWA),President  Cherry Lyn Tolentino; Filipino Community In Siheung (FCIS) President Marlon Miranda and Dennis Santos; Incheon Catholic International Community (ICIC) PRO Bridgette Lopez.

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FCIS Community and participants

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FEWA community and participants

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ICIC community and participants

As one of the team leader of Compassionate Wealth Educators in Korea, we invited speakers from Manila, Engineer Lyndon Malanog, an entrepreneur and engineer by profession, and his wife Chona Malanog strenuously shared their knowledge on basic financial management, saving tips, investment instruments, how to prepare for retirement and an additional cash flow.

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We in the CWE-IMGKorea team aims to help our fellow Filipinos know the importance of financial literacy and be aware of the possibilities of passive income while we have our active income.

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The success of the seminar was made possible and meaningful by the group of a hundred attendees from the three different venues eager to learn. Promising to take action and plan for their future, start investing and save more.

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The positive feedback from the participants is a result of planning another series of financial wellness seminar that will be held by October 4-8. Announcement and information will be updated soon in CWE-IMGKorea facebook group.

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I would also like to give my deepest thanks to our sponsors SENTBE and thePay who were with us for the the entire duration of the seminar.

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No one will take care of the older YOU but only your younger YOU. As time quickly passing by taking actions must be started the soonest possible time. Knowing your needs and minimizing your wants will surely have a great effect in our financial lives.

If you want know about this seminar your inquiries will be gladly welcome.. you may contact us thru CWE-IMGKorea facebook group.

 

 

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Training of Trainers on Financial Literacy Education in South Korea

“Regional Programme on Remittances and Diaspora Investment for Rural Development”

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Sample output of an activity reflection.

Three days workshop on Financial Literacy Education dated September 9-11, 2016 from 9:00am to 5:00pm was conducted at Rizal Hall, Philippine Embassy, Itaewon Seoul. It aimed to train the Filipino community leaders on spreading Financial Literacy Education to Filipinos in South Korea.

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Trainers and representatives of the cooperatives.

Our trainers are from the Commission on Filipinos Overseas , Cindy San Pedro (Administrative and Finance Division);  NATCCOLasalette Gumban (Project Officer); Access Advisory – Edwin Peraz (Philippine Country Director) and Ruben Simon Jr and with the presence of some cooperative representatives on the third day.

This regional project was launched in Seoul last May, 2016 at Ramada Hotel.

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Participants on their activity.

Financial literacy education in Korea has been introduced and continuously promoted by some Filipino organizations. These groups such as TGFI and FLAN are continuously raising the awareness of Filipinos in Korea when it comes to this learning.

My ken when it comes to workshops like this heightens my excitement to learn new knowledge or ideas and the agitation of exchanging perspectives with the speakers and co-participants.

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Sharing of insights.

The wisdom that was imparted to us by well-equipped speakers was something immeasurable. The concept of investing in cooperatives was new to me. It was an unforeseen type of investment, rather I was in an awe listening to the details of this concept and came to my senses shortly that it is one smart investment.

Cooperatives had long been existed in the Philippines, at least that is what I am sure of this. This time cooperatives designed products that will coddle the needs of Overseas Filipinos.

NATCCO listed Top Ten Participating Cooperatives in the Philippines, the best among the rest that coddles the need of every overseas Filipinos.

1. Buklod- Unlad Multi-Purpose Cooperative

2. Ligas Kooperatiba ng Bayan para sa Pagpapaunlad 

3. Sta. Cruz Savings and Development Cooperative (SACDECO

4. Abuyog St. Francis Xavier Credit Cooperative

5. Barbaza Multi-Purpose Cooperative 

6. Fairchild Cebu Community multi-Purpose Cooperative

7. BCS Credit Cooperative

8. Micro Entrepreneurs Multi-Purpose Cooperative (MEMPCO)

9. Paglaum Multi-Purpose Cooperative 

10. Tagum Cooperative

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Closing ceremony with POLO Welfare Officer Ma’am Mila.

It has been the dream of each and every overseas Filipinos to come home with something to start with. We work hard to simply provide the needs of our family, yet providing must not be the ultimate goal. Saving for retirement must be included to us working overseas.

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The second day with His Excellency Ambassador Raul S. Hernandez.

No other person responsible for our older self but our younger self. Start saving. Start investing. Start helping your own community.